Winnebago Industries, Inc. (NYSE:WGO) Shares Purchased by Jump Financial LLC

Jump Financial LLC raised its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 26.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,600 shares of the construction company's stock after acquiring an additional 16,811 shares during the quarter. Jump Financial LLC owned approximately 0.28% of Winnebago Industries worth $3,803,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in WGO. Smartleaf Asset Management LLC increased its position in shares of Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock worth $25,000 after purchasing an additional 390 shares in the last quarter. Sterling Capital Management LLC raised its stake in Winnebago Industries by 823.5% in the fourth quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock valued at $43,000 after buying an additional 807 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Winnebago Industries during the fourth quarter worth about $43,000. KBC Group NV grew its stake in shares of Winnebago Industries by 64.5% during the fourth quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after acquiring an additional 587 shares during the last quarter. Finally, Headlands Technologies LLC raised its position in shares of Winnebago Industries by 129.0% in the 4th quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company's stock valued at $97,000 after purchasing an additional 1,143 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WGO shares. Benchmark cut their target price on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Robert W. Baird downgraded Winnebago Industries from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $50.00 to $38.00 in a report on Friday, April 4th. KeyCorp reduced their price target on shares of Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Truist Financial decreased their target price on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, StockNews.com cut Winnebago Industries from a "hold" rating to a "sell" rating in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $51.89.

Insiders Place Their Bets

In related news, Director Kevin E. Bryant acquired 4,200 shares of Winnebago Industries stock in a transaction dated Monday, March 31st. The shares were acquired at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the purchase, the director now owns 13,755 shares in the company, valued at approximately $469,320.60. The trade was a 43.96 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jacqueline D. Woods sold 1,503 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now owns 10,985 shares in the company, valued at approximately $486,855.20. This trade represents a 12.04 % decrease in their position. The disclosure for this sale can be found here. 4.63% of the stock is owned by company insiders.

Winnebago Industries Trading Up 1.2 %

NYSE WGO traded up $0.39 during trading hours on Tuesday, reaching $31.43. The company had a trading volume of 70,800 shares, compared to its average volume of 693,474. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $880.74 million, a P/E ratio of -47.83 and a beta of 1.49. The stock has a 50-day moving average of $36.05 and a 200 day moving average of $47.35. Winnebago Industries, Inc. has a 1-year low of $28.29 and a 1-year high of $66.05.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates of $0.19. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm had revenue of $620.20 million during the quarter, compared to analysts' expectations of $621.41 million. During the same quarter last year, the company posted $0.93 EPS. The firm's quarterly revenue was down 11.9% on a year-over-year basis. As a group, research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 4.33%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries's payout ratio is currently -544.00%.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.